In order to carry out the Chairman of BKPM Regulation Year 2017 (Perka BKPM Tahun 2017) on Guidelines and Procedures for Licensing and Facility, all form of online submission through SPIPISE such as New Principle License application, Principle License for Expansion, Principle License for Transfer Status, Principle License for Merger and Principle License for Change in Investment will be temporary closed from 22 December 2017 to 2 January 2018. Please be advised that the applications received through SPIPISE up to 22 December 2017 will be processed under the ongoing mechanism, thus will be issued as Principle License and Alteration (Change) Principle License. Afterwards, the applications submitted starting from 2 January 2018 onwards will be issued as Investment Registration (PPM). For the official announcement, please click here.

Accelerated Construction Program Launched for 18 Industrial Estates

   

The Investment Coordinating Board (BKPM) has launched an accelerated construction program (KLIK) for another 18 industrial estates across the archipelago in an effort to boost investment amid a global economic slowdown.

With the addition of the 18 estates, there are now 32 estates with KLIK facilities.

“We hope the expansion of KLIK can accelerate investment realization, especially in areas outside Java,” BKPM head Thomas Lembong said during the launch of the program in front of hundreds of regional officials and businesspeople at the Bali Nusa Dua Convention Center on Wednesday.

The additional 18 estates are in cities and regencies in Jakarta, West Java, Central Java, East Java, Riau Islands, Riau and East Kalimantan.

The already established 14 estates are mostly in Java.

KLIK facilities are available for any project regardless of capital size and manpower numbers as long as they are located within the 32 estates. Investors can immediately start construction after obtaining principle and investment permits from the BKPM or the one-stop integrated service (PTSP).

Practical licenses, such as the license to build (IMB), environment licenses (UKL/UPL) and environmental impact analyses (AMDAL), can be registered while the construction goes on.

Since the KLIK facilities were launched in 2015, 83 projects worth Rp 122.2 trillion (US$9.13 billion) have been developed across 11 estates.

Source: The Jakarta Post